Media Digest (1/10/2013) Reuters, WSJ, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Morgan Stanley (NYSE: MS) fires a number of bankers, which may be the start of a Wall St. trend. (Reuters)

The Consumer Financial Protection Bureau says it will set new rules to keep banks from mortgage abuses. (Reuters)

Boeing Co.’s (NYSE: BA) senior engineer says that the Dreamliner 787 is safe. (Reuters)

Lenovo uses comments at CES to stake a claim as the world’s top PC firm. (Reuters)

China’s exports rise more than expected in December. (Reuters)

KFC’s parent, Yum! Brands Inc. (NYSE: YUM), apologizes for the way it handled a food scare in China. (Reuters)

Sprint Nextel Corp. (NYSE: S) believes it will not have to raise its bid for Clearwire Corp. (NASDAQ: CLWR) to best a new offer by Dish Network Corp. (NASDAQ: DISH). (Reuters)

Deutsche Bank A.G. (NYSE: DB) made more than $654 million in profit in 2008 based on Libor bets. (WSJ)

Many CEOs of large companies sold shares while fiscal cliff talks occurred. (WSJ)

Dish Network’s bid for Clearwire is aimed at getting its spectrum rights. (WSJ)

Facebook Inc.’s (NASDAQ: FB) shares rise above $30 ahead of earnings. (WSJ)

A National Research Council and Institute of Medicine study finds the U.S. ranked near the bottom in age at death among developed nations. (WSJ)

A move against Chinese media censorship shifts to the Beijing News. (WSJ)

Chrysler may have an initial public offering as a means of getting capital to the United Auto Workers, which is a partial owner of the car firm. (WSJ)

General Motors Co. (NYSE: GM) and Peugeot will increase ties to save money in Europe. (WSJ)

BATS Global Markets says trades going back as far as 2008 may have violated rules about share pricing. (FT)

Samsung releases a new, powerful smartphone chip. (Bloomberg)

Research In Motion Ltd. (NASDAQ: RIMM) will launch new phones that help keep messages and data secure for corporations. (Bloomberg)

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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